What Will It Take to Tackle Fashion’s Climate Financing Gap?

It will cost the fashion industry an estimated $1 trillion to make the shift away from polluting practices to greener ones required to meet goals to curb planet-warming greenhouse gas emissions by 2050.

So far, however, it’s barely scraped the surface of this mammoth amount, with efforts to mobilise funding hampered by structural challenges and conflicting interests.

The situation is putting the industry’s entire environmental agenda at…